Originally posted by RickM
Many of my EA's use multiple entry's then 1 profit exit so they trade a lot. But there is so much work making models and testing them as you know.
To give you an example tonight.
I came up with a new idea around 6pm after the All Blacks game. My idea was to build a trending model using multiple EMA's. Nothing ground breaking here but I think the idea is good. Now its 1.38am in the morning and I have the model build, and testing it on 20 pairs on different time frames. I hope to stop soon as enough is enough.
All of my EA's are single entry and exit, I only let each EA open one position each at any given time, It's just the easiest way for me to code at the moment, untill I get a very thorough understanding of the MQL5 language. I usually spend my alot of my days at work thinking about different ideas, and writing them down. Then when I get home i sit down and code for hours and alot of the time it leads no where. Can be very draining but it's worth it when you come across a concept that has a positive outcome.
I have a few new models that are still in optimisation, Showing some good potential. Will post some back tests early this week.